“One in THIRTY £1 coins is a FAKE” via DailyMail


The [United Kingdom’s] Treasury has admitted they believe there are almost 50 million fake £1 coins in the nation’s pockets.

Experts now believe that almost one in every thirty pound coins is a fake with around half of these counterfeit coins good enough to fool vending machine and automated tills.

In the last five years a total of nine million £1 coins have been detected and withdrawn by the Treasury.

Read the rest: http://www.dailymail.co.uk/news/article-2918703/How-fake-1-coins-purse-Bank-England-chiefs-admit-currently-50-million-fakes-circulation-s-one-thirty-fool-vending-machines.html

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